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Zhangjiagang Shagang Rural Microfinance Co. LTD is a professional microfinance institution approved by the Financial Work Office of the People's Government of Jiangsu Province. It is a financial enterprise jointly invested by Jiangsu Shagang Group, Jiangsu Yangtze River International Metallurgical Industrial Park and other entities and natural persons. The paid-up capital of the company is 360 million Yuan and locates in Jinfeng Town, Zhangjiagang City.
According to the relevant regulations of Jiangsu Provincial Government on rural microfinance companies, based on local situation, inclusive finance, the company supports the construction of "agriculture, rural areas and farmers", helps the development of small and medium-sized enterprises, and provides fast, convenient, comprehensive and high-quality loan services for small and medium-sized enterprises and individuals.
The company's loan has a variety of ways such as pledge of receivables, mortgage of fixed assets and credit guarantee. The types of loans are based on the benchmark interest rate of the People's Bank of China, combined with the local interest rate of Zhangjiagang city, and flexibly determine the way of credit granting and floating interest rate according to the risk status, capital status, loan term and credit status of different customers. Diversified repayment methods, simple loan procedures, rapid release time and no penalty for repayment in advance are our features.